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(SHRITECH_SM) Shri Techtex complete technical analysis [charts+indicators] | Buy/Sell Shri Techtex | (SHRITECH_SM) share price targets

Complete technical analysis of Shri Techtex (SHRITECH_SM) by charts plus indicators, forecast predictions and share price targets for Shri Techtex (SHRITECH_SM)

Showing technical analysis as on 2024-04-29 View latest technical analysis

10 day averaged volume of Shri Techtex is 16600

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	66.15	69.00	69.00	65.75	2.289 times
26 Fri Apr 2024	69.65	71.25	71.25	69.00	0.723 times
25 Thu Apr 2024	67.90	70.00	70.00	67.00	2.048 times
24 Wed Apr 2024	69.70	69.65	69.80	69.65	0.361 times
23 Tue Apr 2024	68.90	66.50	68.90	66.50	0.361 times
22 Mon Apr 2024	66.25	68.60	68.60	65.50	0.723 times
19 Fri Apr 2024	68.60	68.50	69.00	68.00	1.566 times
18 Thu Apr 2024	68.60	67.50	68.70	67.25	1.205 times
16 Tue Apr 2024	65.00	63.25	65.00	63.25	0.482 times
15 Mon Apr 2024	63.50	61.10	65.05	61.10	1.566 times

Stock of Shri Techtex (SHRITECH_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 64.9 or till 62.5. Use a stoploss of 67.01 and if the stock hits stoploss, then it can shoot up till 69.08

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	51.50
Downside Target	61.10
Downside Target	65.50
Upside Target	68.70
Upside Target	70.85
Upside Target	71.25
Upside Target	72.00
Upside Target	77.65
Upside Target	84.00
Upside Target	88.00
Upside Target	101.00

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	64.93
Downside Intraday Target	63.72
Upside Intraday Target	68.18
Upside Intraday Target	70.22
Upside Intraday Target	66.97

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	66.15	69.00	69.00	65.75	0.543 times
26 Fri Apr 2024	69.65	68.60	71.25	65.50	0.875 times
19 Fri Apr 2024	68.60	61.10	69.00	61.10	1.667 times
12 Fri Apr 2024	66.35	63.05	68.70	63.05	0.3 times
05 Fri Apr 2024	67.25	62.50	70.85	61.90	0.351 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	66.15	62.50	71.25	61.10	0.296 times
28 Thu Mar 2024	60.70	76.80	77.65	51.50	2.381 times
29 Thu Feb 2024	77.50	83.80	88.00	72.00	0.258 times
31 Wed Jan 2024	83.80	71.55	101.00	69.50	2.93 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shri Techtex (SHRITECH_SM)

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shri Techtex stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shri Techtex in short term but the buy signal is initial and weak.

Shri Techtex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shri Techtex in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shri Techtex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.08 and Shri Techtex (SHRITECH_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shri Techtex (SHRITECH_SM) stock. Volume based technical analysis of Shri Techtex (SHRITECH_SM) stock is negative.

Shri Techtex Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.